SECURITY

As Officials Gather Evidence in Saudi Oil Attacks, Trump Ratchets Up Sanctions

pompeo-king-salman
President Donald Trump on Wednesday said he ordered a major increase in sanctions on Iran, the first response by the U.S. to the attacks on two key oil installations in Saudi Arabia, according to reports.

Saudi Arabia

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Global Oil Markets

Saudi oil output to return faster than first thought

Saudi Arabia’s oil output will be fully restored quicker than thought following weekend attacks on production facilities, two sources briefed on developments said on Tuesday, ...

 

Saudi Aramco IPO

Saudi finance minister says Aramco restoring output proves it can swiftly deal with any crisis

Saudi finance minister Mohammed al-Jadaan said on Wednesday that Aramco’s announcement of restoring production after the Saturday attacks proved it can swiftly deal with any ...

 

Saudi-Iran

Saudi Arabia promises ‘material evidence’ linking Iran to oil attack

Saudi Arabia said it would show evidence on Wednesday linking regional rival Tehran to an unprecedented attack on its oil industry that Washington believes originated ...

 

U.S.-Saudi

Pompeo making spur-of-the-moment trip to Mideast as Iran rules out talks

In the seaside Saudi city of Jiddah, where he will arrive Wednesday, Pompeo will meet with Crown Prince Mohammed bin Salman, the State Department said. ...

 

United Nations

U.S. seeks U.N. action on Saudi attacks despite likely Russian opposition

A senior U.S. official on Tuesday called for a U.N. Security Council response to the attacks on Saudi oil facilities that the United States blames ...

 

King Salman

Saudi King Calls for International Response to Oil Facility Attacks

Saudi King Salman said Tuesday his country is capable of defending itself against the "cowardly attacks" that knocked out half of its oil production, but ...

 

Saudi GDP

Saudi central bank says 2019 GDP growth will be near IMF forecast

The IMF expects the Saudi economy to grow 1.9%, slower than last year’s 2.2%. Some economists are more bearish because of cuts in oil output. ...

 

Gulf Shipping

Saudi Arabia to Join Coalition to Protect Gulf Shipping Lines

The International Maritime Security Construct’s area of operation covers the Strait of Hormuz, the world’s most critical waterway for oil supplies, the Strait of Bab ...

 

Nuclear Power

Saudi Arabia Pressed by Trump Envoy to Allow Nuclear Inspections

President Donald Trump’s administration has sent a letter to Saudi Arabia that sets out requirements the kingdom needs to follow in order to get U.S. ...

 

Capital Markets

Saudi CMA says amendment of capital market law will allow establishing other exchanges

The amendment to Saudi capital market law will allow for establishing of other exchanges in the country, the Capital Market Authority (CMA) Chairman Mohammed bin ...

 

beoutQ

FIFA And Leading Soccer Leagues Say Saudi Arabia’s Arabsat Is Enabling Piracy

World governing body FIFA and its counterparts in Europe (UEFA) and Asia (AFC), along with the top leagues in England, France, Germany, Italy and Spain, ...

 

Entertainment

Film submissions open for Saudi Arabia’s inaugural Red Sea International Film Festival

Film submissions  opened on Tuesday for the inaugural Red Sea International Film Festival due to be staged in Saudi Arabia early next year. The new event ...

 

Sports

Saudi Cup: Female jockeys ‘most welcome’ at new $27m race meeting

Female jockeys will be encouraged to take part in a new $27m horse racing meeting in Saudi Arabia. The Saudi Cup will be the world's richest ...

 

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